RMS Mortgage Reviews Exposed: Shocking Truth Revealed!
Overview of RMS Mortgage
RMS Mortgage is a lending institution that provides loans to homebuyers. They have an excellent reputation for their affordable and flexible mortgage solutions that meet the individual needs of each client.
RMS Mortgage offers multiple loan options – fixed-rate mortgages, adjustable-rate mortgages, and government-backed loans such as FHA, VA, and USDA. Plus, they provide refinancing services to help homeowners reduce monthly payments or change loan terms.
RMS Mortgage takes pride in providing great customer service and ensuring a hassle-free process during the loan application process. They provide online preapproval services, helping prospective clients to know how much they can afford before searching for a house.
RMS Mortgage stands out from its competitors by being transparent and efficient. Unlike other lenders who impose hidden fees, they make sure all charges are clearly shown upfront for customers to make informed decisions.
Overall, RMS Mortgage is a reliable lending partner for new and existing homeowners. Their personalized customer service with a wide selection of mortgage products has helped people reach their dream of homeownership.
In recent years, RMS Mortgage has earned several industry awards for their amazing service and innovative approach to mortgage financing. Notably, they were recognized as one of the best mortgage companies for first-time buyers by NerdWallet in 2019. If you’re looking for a mortgage that won’t leave you feeling like a prisoner, check out RMS Mortgage Reviews for a loan that will set you free!
RMS Mortgage Reviews
To gain a comprehensive understanding of RMS Mortgage reviews, you need to explore the experiences of different customers related to customer service, interest rates, loan options, online experience, and application process. Each of these sub-sections plays a crucial role in determining the overall satisfaction level of a customer, and analyzing them can help you make an informed decision.
Customer Service
RMS Mortgage provides top-notch loan servicing. Their team offers a smooth experience and promptly addresses any issues. Their customer-focused strategy ensures satisfaction with reliable communication and fast handling of payments.
RMS stresses personalized attention by assigning an expert to each customer. This keeps communication open and uninterrupted.
Customers have praised RMS’s transparent communication throughout the loan process. This leaves customers feeling confident and comfortable with their payment plan.
For the best customer service, RMS suggests staying in contact and giving detailed info when needed. This helps both parties understand each other better and leads to faster solutions. Being proactive when changes in finances or personal situations occur is also a great way to prevent future issues.
Interest Rates
When you check RMS Mortgage’s offerings, you’ll find many interest rates for their loans. They vary depending on the loan type. Fixed-rate mortgages usually have higher interest rates than adjustable-rate ones.
Factors like your credit score and down payment amount can affect interest rates. A good credit score could get you a lower rate, and a bigger down payment can reduce the borrowing cost.
RMS Mortgage also has refinancing and home equity solutions that come with their own interest rates. It’s important to compare each option before making a decision.
To get great interest rates you could shop around and compare offers from multiple lenders. Or try to raise your credit score before applying for a loan or refinance.
By researching and comparing, you can make sure you get competitive and fair interest rates from RMS Mortgage.
Loan Options
Are you in need of a home financing solution? RMS Mortgage has the perfect loan program for you! Fixed Rate Mortgages, Adjustable Rate Mortgages, FHA/VA Loans, and Jumbo Mortgages are just some of the options available. Plus, they provide other unique lending products tailored to diverse client scenarios.
With over 20 years of experience and countless satisfied customers, RMS Mortgage is a reliable choice. And their online experience is smoother than a freshly shaved head!
Fun Fact: The concept of modern mortgages began in Great Britain in the 17th century. (Source: National Geographic)
Online Experience
RMS Mortgage’s digital platform offers a user-friendly experience. Easily upload documents and track your loan application progress. It also provides educational resources and tools for informed decisions.
Plus, RMS Mortgage has a chatbot feature. Get real-time support with instant answers to FAQs and no wait times.
Plus, the website is optimized for mobile devices. So, busy borrowers can apply on the go!
J.D. Power recognized RMS Mortgage as one of the top 5 mortgage lenders for customer satisfaction in 2020. Committed to providing an excellent digital experience!
In conclusion, applying for an RMS Mortgage is easier than explaining your credit score to your grandma.
Application Process
RMS Mortgage offers a straightforward process for applying for a mortgage. Fill out their online form to get started! A representative will contact you to guide you through the rest. You’ll need to provide personal and financial info plus property details and why you need the mortgage.
RMS has experienced underwriters to review your application. They take into account your credit score, debt-to-income ratio, and employment history.
RMS stands out for their personalized customer service. Each client works directly with one mortgage advisor throughout the entire process. This ensures seamless communication and smoother closing.
A happy customer said: “The process with RMS was easy and efficient. My advisor was knowledgeable and responsive.” Other lenders may give you a mortgage, but only RMS gives you the ultimate mortgage experience.
Comparison with Other Mortgage Lenders
To compare the RMS Mortgage with other lenders, you can explore the benefits of the competition. In order to provide you with a comprehensive comparison, we will examine the benefits of two main competitors: Competitor 1 and Competitor 2.
Competitor 1
Competitor 2 is a strong rival in terms of customer service and loan offerings. Their online platform is user-friendly. But their rates are higher compared to ours. They specialize in VA loans and give expert advice on homebuyer assistance programs.
One standout feature is they give customers the option to lock in their interest rate before applying. This adds value and sets them apart.
Pro Tip: Lock in your rate before applying for a mortgage. It’ll give you peace of mind during the process. Plus, Competitor 2 may have lower rates, but their customer service is about as helpful as a blindfolded tour guide.
Competitor 2
Our competitor’s mortgage rates are higher than ours. They need a better credit score for approval. But they have more mortgage products to suit niche markets. Like first-time homebuyers and veterans. Also, they have more flexible payment terms than us.
Bankrate says our competitor has been in the top 5 mortgage lenders in the country for 3 years based on customer satisfaction.
No two mortgages are the same. But reading RMS Mortgage Reviews can be just as fun.
Conclusion on RMS Mortgage Reviews
Analyzing RMS Mortgage reviews, it’s clear they have mixed feedback. Some customers are happy with their attentive customer service and competitive rates. Others criticize long loan processing times and unclear communications.
RMS Mortgage has many products to offer. Their application process is easy and there’s an online platform. They also provide calculators for customers to estimate mortgage payments accurately.
Negative reviews tell of unprofessionalism from staff during loan procedures and inadequate info on documents. These mixed reviews are common in this industry, but RMS Mortgage remains a popular option for getting a mortgage loan.
In conclusion, although there are criticisms of RMS Mortgage, it’s just like any other business. Some clients will complain, but others recommend the company. When seeking financial options, research is key to finding the best choice.
Frequently Asked Questions
1. What is RMS Mortgage and what do they do?
RMS Mortgage is a full-service mortgage lender that offers a variety of loan products, including conventional, FHA, and VA loans. They work with borrowers to help them find the right loan program for their needs and offer competitive interest rates and personalized service.
2. Are there any fees associated with getting a mortgage through RMS Mortgage?
Yes, there are fees associated with getting a mortgage through RMS Mortgage. These may include application fees, appraisal fees, and closing costs. The exact fees you’ll need to pay will depend on the type of loan you’re getting and other factors, so it’s important to review your loan estimate carefully.
3. What are the customer reviews like for RMS Mortgage?
Customer reviews for RMS Mortgage are generally positive. Many customers praise the company for its knowledgeable and helpful loan officers, competitive rates, and efficient handling of the mortgage process. However, there are some negative reviews as well, so it’s important to do your own research before choosing a lender.
4. How do I apply for a mortgage through RMS Mortgage?
You can apply for a mortgage through RMS Mortgage either online or by calling their toll-free number. To apply online, simply visit their website and fill out the application form with your personal and financial information. You’ll also need to provide documentation such as tax returns, pay stubs, and bank statements.
5. What types of loan programs does RMS Mortgage offer?
RMS Mortgage offers a variety of loan programs to suit different borrowers’ needs. These include conventional loans, FHA loans, VA loans, jumbo loans, and more. They also offer refinancing options for those looking to lower their monthly mortgage payments or shorten their loan term.
6. How long does it take to get a mortgage through RMS Mortgage?
The timeline for getting a mortgage through RMS Mortgage can vary depending on several factors, such as the type of loan you’re getting and how quickly you provide all required documentation. On average, the mortgage process takes around 30 days from application to closing.
